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Synectics PLC

16 October 2023

RNS Reach

16 October 2023

Synectics plc

("Synectics" or the "Company")

Latest Release of Synectics' Synergy Software

Latest update to software platform enhances cyber security and AI capabilities

Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announces the release of the latest version of its proprietary software platform, Synergy. This most recent update includes data analysis tools, the integration of further AI and sector-specific capabilities, improved functionality for users and more robust cyber security, further strengthening the system's resilience against cyber threats.

The Synergy platform has long supported the integration of many third-party analytics and AI tools into its single front-end platform for users. Synectics has seamlessly integrated complementary technology from multiple partners, including Microsoft, Nvidia, NEC and many others. The open-architecture nature of the platform provides a bedrock for future upgrades and additional AI tools to be introduced going forward. This enables Synectics to deliver the capabilities required by customers to satisfy both current and future demands, and to allow for a seamless user experience, and cost-effective upgrades, when newer technology from existing or different vendors becomes available.

AI functionality has multiple benefits, including risk detection and data analysis, improved operations and response times and to meet privacy regulations and requirements. For example, AI-powered video search can reduce investigation time from days to minutes.

The Synergy user interface has been simplified and additional functionality introduced, such as the availability of additional formats when generating external reports. The mapping capabilities of the system have also been improved, with CAD maps now included as standard and more premium GIS maps available. Furthermore, this update allows for easier customisation and management of the maps on a customer-by-customer basis.

For more information about Synergy, please visit the Company's website: Synergy Software

Paul Webb, Chief Executive Officer of Synectics, commented:

"This latest release of our Synergy software platform has been developed in conjunction with our customers to respond to their requirements, and the additional security features reflect ongoing development to ensure we maintain cutting-edge solutions against new and emerging threats. We also continue to expand the platform's capability to integrate with third parties to ensure we're able to continue to support leading AI technologies as they are developed and utilised in our markets."

For further information, please contact:

 
 Synectics plc                         Tel: +44 (0) 114 280 2828 
  Paul Webb, Chief Executive Officer 
  Amanda Larnder, Chief Financial 
  Officer 
  info@synecticsplc.com 
 Shore Capital                         Tel: +44 (0) 20 7408 4090 
  Tom Griffiths / David Coaten 
 Vigo Consulting                       Tel: +44 (0) 20 7390 0230 
  Jeremy Garcia / Fiona Hetherington 
  synectics@vigoconsulting.com

About Synectics plc

Synectics plc (AIM: SNX) is a leader in advanced security and surveillance systems that help protect people, property, communities, and assets around the world.

The Company's expertise is in providing solutions for specific markets where security and surveillance are critical to operations. These include gaming, oil and gas, public space, transportation, and critical infrastructure.

Synectics has deep industry experience in these markets and works closely with customers to deliver solutions that are tailored to meet their needs. Technical excellence, combined with decades of experience and long-standing customer relationships, provides fundamental differentiation from mainstream suppliers and makes the Company a stand out in its field.

Find out more at www.synecticsplc.com

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October 16, 2023 02:00 ET (06:00 GMT)

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